2019-11-14T12:53:07-06:00 2018-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2018-01-01 226799567 RUBIN MUSEUM OF ART AKA THE SHELLEY & DONALD RUBIN CULTURAL TRUST RUBI 2126205000 150 WEST 17TH STREET NEW YORK NY 10011 MARILENA CHRISTODOULOU CHIEF FINANCIAL OFFICER 2126205000 2019-11-13 1 CHRIS BELLANDO P00541714 2126972299 38.142.140.186 2019-11-13 08:50:25 ES P 7EE24DDEAA34AFAE9DF92C3D2672F42BD3DA974D 9302FFB6CF1CC3889499E422F782799A8B0A3607 2018 2020-03-31 21:24:44Z JORRIT BRITSCHGI 150 WEST 17TH STREET NEW YORK NY 10011 33784400 0 X WWW.RUBINMUSEUM.ORG X 1999 NY THE RUBIN MUSEUM OF ART IS A DYNAMIC ENVIRONMENT THAT STIMULATES LEARNING, PROMOTES UNDERSTANDING, AND INSPIRES PERSONAL CONNECTIONS TO THE IDEAS, CULTURES, AND ART OF HIMALAYAN ASIA. 20 20 100 220 0 82893 1997346 1842050 1056884 881575 3895075 9165705 1368157 1343309 8317462 13232639 0 0 0 0 7786223 7185236 97200 267895 1368407 7881166 8182013 15764589 15635144 -7447127 -2402505 189242258 169132100 1276799 1579319 187965459 167552781 X THE RUBIN MUSEUM OF ART IS A CULTURAL HUB FOR MEANINGFUL EXCHANGE, WHERE CONTEMPORARY MINDS MEET THE ART AND IDEAS OF THE HIMALAYAS. WE IGNITE A SENSE OF CURIOSITY AND PERSONAL CONNECTION TO THE POWERFUL IDEAS OF THE HIMALAYAS THROUGH EXHIBITIONS, PUBLIC PROGRAMS, VISITOR ENGAGEMENT, PUBLIC EDUCATION, AND MARKETING EFFORTS. THIS MULTIFACETED EXPLORATION OF ART AND IDEAS ADVANCES OUR MISSION TO BE NOT ONLY AN OASIS FOR ART AND CONTEMPLATION BUT ALSO A BREEDING GROUND FOR FEARLESS THINKING, WISDOM, AND COMPASSIONATE ACTION. IN 2018, THE RUBIN MUSEUM'S OFFERINGS CENTERED ON A SINGLE UNIFYING THEME: THE FUTURE IS FLUID. INFORMED BY HIMALAYAN ART, EASTERN PHILOSOPHIES, AND MODERN SCIENCE, WE ENGAGED THOUSANDS OF VISITORS AND DIGITAL VIEWERS IN EXAMINING THE TIMELESS QUESTIONS THAT HUMANS HAVE GRAPPLED WITH FOR CENTURIES ABOUT OUR INDIVIDUAL AND COLLECTIVE FUTURES. 0 0 4838680 442952 EXHIBITIONS AND INSTALLATIONS THE RUBIN MUSEUM HOLDS ONE OF THE TOP ART COLLECTIONS FROM HIMALAYAN REGIONS WITH OVER 4,000 WORKS FROM CHINA, INDIA, NEPAL, PAKISTAN, AFGHANISTAN, MONGOLIA, BHUTAN, AND THE TIBETAN PLATEAU. ART FROM THE RUBIN MUSEUM'S COLLECTION IS A VITAL TOOL IN MAKING CONNECTIONS TO THEMES RELEVANT IN PEOPLE'S CONTEMPORARY LIVES, AND THE COLLECTION INSPIRES CONTEMPORARY INSTALLATIONS IN THE GALLERIES. IN 2018, VISITORS ENCOUNTERED THE SECOND BUDDHA: MASTER OF TIME, WHICH FEATURED WORKS FROM THE 13TH TO THE 20TH CENTURY PAIRED WITH AUGMENTED REALITY TECHNOLOGY. IN A MONUMENT FOR THE ANXIOUS AND HOPEFUL BY ARTIST CANDY CHANG AND WRITER JAMES A. REEVES, VISITORS WROTE DOWN MORE THAN 50,000 HOPES AND ANXIETIES FOR THE FUTURE, CREATING A VISUALLY STUNNING DISPLAY IN THE MUSEUM LOBBY. CONTEMPORARY ARTIST CHITRA GANESH'S SERIES OF ANIMATED INTERVENTIONS IN THE PERMANENT COLLECTION GALLERIES-TITLED THE SCORPION GESTURE-VISUALLY AND CONCEPTUALLY REMIXED THE TRADITIONAL ARTWORKS ON DISPLAY, BRINGING FRESH, VIBRANT MEANINGS TO CENTURIES-OLD ART. CONTEMPORARY ARTISTS SHEZAD DAWOOD, THE OTOLITH GROUP, AND MATTI BRAUN CHALLENGED EXISTING CULTURAL HISTORIES AND SPECULATIVE FUTURES IN THE EXHIBITION A LOST FUTURE. 2765006 415360 PUBLIC PROGRAMS, EDUCATION AND VISITOR ENGAGEMENT:PUBLIC AND EDUCATION PROGRAMS AT THE RUBIN OFFER DIVERSE AUDIENCES NEW AND MEANINGFUL WAYS TO ENGAGE WITH THE ART AND CULTURE OF THE HIMALAYAS, ITS WIDER THEMES, AND ITS APPLICATIONS TO EVERYDAY LIFE. MORE THAN 800 SENIORS ENJOYED FREE ADMISSION EACH MONTH, AND MORE THAN 200 PEOPLE WITH ALZHEIMER'S AND DEMENTIA (AND THEIR CARE PARTNERS) CONNECTED WITH EACH OTHER AS THEY PARTICIPATED IN MINDFUL CONNECTIONS TOURS CREATED SPECIFICALLY FOR THESE GROUPS. WE WELCOMED MORE THAN 19,000 STUDENTS AND FAMILIES TO LEARN ABOUT ASIA, ART, AND MINDFULNESS, AND WE SERVED HUNDREDS OF LOW-INCOME STUDENTS IN SCHOOLS AS PART OF OUR MATH AND MANDALAS RESIDENCY PROGRAM. WE ALSO SERVED VISITORS WHO ARE BLIND OR PARTIALLY SIGHTED AND THOSE WHO ARE DEAF OR HARD OF HEARING THROUGH A WIDE RANGE OF ACCESSIBILITY PROGRAMS. 1729361 DIGITAL AND ANALOG SHARING: COMMUNICATIONS & MARKETINGIN 2018, HIMALAYAN ART AND IDEAS REACHED A GROWING GLOBAL AUDIENCE. WE PUBLISHED THE SECOND EDITION OF SPIRAL, A FREE ANNUAL PRINT AND DIGITAL MAGAZINE WITH STORIES ASKING BIG QUESTIONS AT THE CENTER OF OUR SHARED HUMAN EXPERIENCE. THE SECOND ISSUE REACHED MORE THAN 23,000 HOUSEHOLDS AND LOCATIONS, AND THE ONLINE VERSION RECEIVED MORE THAN 11,000 DIGITAL VIEWS. THE RUBIN'S IMPACT EXTENDED THROUGH VARIOUS DIGITAL PLATFORMS, REACHING MORE THAN 260,000 FOLLOWERS AND GENERATING 177,000 ENGAGEMENTS. IN OTHER WORDS, THE ART AND IDEAS OF THE HIMALAYAS REACHED PEOPLE WHERE THEY LIVE AND WORK. 693468 402144 PUBLICATIONS AND SHOP 693468 402144 10026515 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 222 0 1 100 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X MARILENA CHRISTODOULOU 2126205000 150 WEST 17TH STREET NEW YORK NY 10011 DONALD RUBIN CO-CHAIR 1.00 X X 0 0 0 SHELLEY RUBIN CO-CHAIR 5.00 X X 0 0 0 RAVI AKHOURY TRUSTEE 1.00 X 0 0 0 ROBERT M BAYLIS BOARD PRESIDENT 5.00 X X 0 0 0 GAVIN R BERGER TRUSTEE 1.00 X 0 0 0 NOAH P DORSKY TRUSTEE 1.00 X 0 0 0 ANU DUGGAL TRUSTEE 1.00 X 0 0 0 TOMMY GUO TRUSTEE 1.00 X 0 0 0 EVA HALLER TRUSTEE 1.00 X 0 0 0 PETER HUTCHINGS TREASURER 1.00 X X 0 0 0 WILLIAM MAYER TRUSTEE 1.00 X 0 0 0 MICHAEL MCCORMICK TRUSTEE 1.00 X 0 0 0 MATTHEW NIMETZ TRUSTEE 1.00 X 0 0 0 AMY POSTER TRUSTEE 1.00 X 0 0 0 DAVID PRITZKER TRUSTEE 1.00 X 0 0 0 RASIKA REDDY TRUSTEE 1.00 X 0 0 0 BASHA FROST RUBIN TRUSTEE 1.00 X 0 0 0 ERIC SCHOENBERG TRUSTEE 1.00 X 0 0 0 EILEEN CAULFIELD SCHWAB TRUSTEE 1.00 X 0 0 0 MANOJ SINGH TRUSTEE 1.00 X 0 0 0 MARILENA CHRISTODOULOU CHIEF FINANCIAL OFFICER 40.00 X 246565 0 52795 JORRIT BRITSCHGI EXECUTIVE DIRECTOR 40.00 X 304687 0 70680 TIMOTHY MCHENRY DIRECTOR OF PROGRAMS & ENGAGEMENT 40.00 X 204643 0 52163 SUSAN KOTCHER DIRECTOR OF EXTERNAL AFFAIRS 40.00 X 217068 0 52876 MITCHELL S ROTH FACILITIES MANAGER & CHIEF OF ENGINEERING 40.00 X 144237 0 58551 ELKE C DEHNER HEAD OF MARKETING & COMMUNICATIONS 40.00 X 135322 0 18992 MICHELLE B SIMORELLA HEAD OF COLLECTIONS MANAGEMENT & REGISTRATION 40.00 X 105270 0 31654 HAZEL P KING HEAD OF HUMAN RESOURCES 40.00 X 105685 0 27684 1463477 0 365395 8 0 1 0 US SECURITY ASSOCIATES INC PO BOX 931703 ATLANTA GA 31193 SECURITY SERVICES 658190 UOVO LLC 41-54 22ND STREET LONG ISLAND CITY NY 11101 STORAGE 347257 LAPLACA COHEN 43 WEST 24 STREET NEW YORK NY 10010 ADVERTISING AND MARKETING 346110 THE TNS GROUP 3 LANDMARK SQUARE STE 600 STAMFORD CT 06901 IT CONSULTING 307190 UNITED SERVICES OF AMERICA INC 855 MAIN STREET 9TH FL BRIDGEPORT CT 06604 HOUSEKEEPING CONTRACT SERVICES 233950 9 542775 271401 76340 951534 36322 1842050 MUSEUM ADMISSION FEES 713990 473525 473525 PROGRAM FEES 713990 408050 408050 881575 4107744 4107744 1606005 641577 964428 964428 964428 24451208 19393247 5057961 5057961 5057961 180654 271401 180654 0 645541 336283 309258 309258 MISCELLANEOUS REVENUE 900099 69623 69623 69623 13232639 1260456 0 10130133 X 1201657 389120 630509 182028 4669290 2943047 1452822 273421 19262 1850 17412 854120 521073 280042 53005 440907 252024 155643 33240 30008 5300 24708 70397 70397 267895 267895 112683 112683 2530423 1915369 472801 142253 522083 491418 23151 7514 1037517 592879 303958 140680 888432 598376 237498 52558 172196 115994 49973 6229 107159 61438 25446 20275 1847820 1479937 236897 130986 129344 81607 43426 4311 PROGRAM & SUPPORTING SE 621461 545049 43874 32538 PUBLICATIONS, SUBSCRIPT 112490 32034 58982 21474 15635144 10026515 4240222 1368407 363330 237352 241069 121308 414280 513606 83926 165149 750224 787739 322324 139172 63119923 26651931 37757569 36467992 145722206 127299217 3587330 3400565 189242258 169132100 1125271 1438545 39775 21651 111753 119123 1276799 1579319 X 158201638 140661769 4763819 1891010 25000002 25000002 187965459 167552781 189242258 169132100 X -2402505 -17771657 -238516 X 0 1 X 1 0 X 26740925 2575470 1493252 1995397 1842050 34647094 26740925 2575470 1493252 1995397 1842050 34647094 24374309 10272785 4196989 4723658 4966143 4913385 5713749 24513924 307094 550815 109811 46948 69623 1084291 60245309 8069009 0.17050 0.18480 X THE RUBIN MUSEUM OF ART'S PERCENTAGE OF PUBLIC SUPPORT IS 17.05%. THE ORGANIZATION DOES NOT QUALIFY AS PUBLICLY SUPPORTED UNDER THE 33 1/3% TEST. HOWEVER, IT HAS A SOLICITATION PLAN FOR ATTRACTING PUBLIC SUPPORT AND A BROAD REPRESENTATIVE GOVERNING BODY; AND ITS PROGRAM SERVICES DIRECTLY BENEFIT THE GENERAL PUBLIC. THEREFORE, IT QUALIFIES AS A PUBLIC CHARITY UNDER THE FACTS AND CIRCUMSTANCES TEST OF IRC SEC. 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 135889014 -8683740 5000000 122205274 110534530 8333335 22021149 5000000 135889014 102077488 4303372 9153670 5000000 110534530 121822342 4029962 253010 24027826 102077488 57626271 64070583 4356919 4231431 121822342 0.78470 0.20460 0.01070 0 0 378750 3595496 3974246 2146250 18737864 9664183 11219931 1464500 33238260 14124162 20578598 2371734 1900177 471557 45590 1141479 963409 223660 36467992 TENANT SECURITY DEPOSITS 119123 119123 -3673841 -17771657 -17771657 14097816 112683 -977860 -865177 13232639 16500321 977860 977860 15522461 112683 112683 15635144 PART III, LINE 1A: THE VALUE OF THE COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, IS NOT REFLECTED AS AN ASSET ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR OF ACQUISITION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES WOULD BE REFLECTED ON THE STATEMENTS OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. THE COLLECTION IS HELD FOR PUBLIC SERVICE RATHER THAN FINANCIAL GAIN, PROTECTED AND PRESERVED, AND SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF SUCH ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART III, LINE 4: THE MUSEUM'S COLLECTION OF MORE THAN 2,000 OBJECTS IS CONSIDERED TO BE THE MOST EXTENSIVE OF ITS KIND IN THE WEST. IT INCLUDES HIMALAYAN PAINTINGS, SCULPTURE, RITUAL OBJECTS, AND PRINTS SPANNING THE PERIOD FROM THE 2ND CENTURY TO THE 21ST CENTURY. THE COLLECTION IS THE BASIS OF THE MUSEUM'S EXHIBITIONS, EDUCATION AND PUBLIC PROGRAMS WHICH ARE VIEWED AND ENJOYED BY APPROXIMATELY 200,000 PEOPLE PER YEAR. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -336,283. EXPENSES - RESIDENTIAL APARTMENTS -641,577. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 336,283. EXPENSES - RESIDENTIAL APARTMENTS 641,577. X X X 1 PENNINGTON GRAY LLC 7 WINSTON FARM LANE FAR HILLS NJ 07931 STRATEGIC CONSULTING FOR MEMBERSHIP AND ANNUAL FUND 0 0 49000 0 CARUSO CONSULTING CORPORATION 253-14 60TH AVENUE LITTLE NECK NY 11362 GRANT PROPOSALS 0 0 92500 0 CHERYL STEED 173 SKILLMAN AVENUE APT 2 BROOKLYN NY 11211 CONSULTING FOR MAJOR GIFTS 0 0 87200 0 LAUREN LAVITT 311 EAST 71ST STREET APT 4G NEW YORK NY 10021 GRANT WRITER 0 0 39195 0 267895 GALA 452055 271401 180654 88860 91794 452055 271401 180654 88860 91794 180654 0 X 0 0 0 0 0 0 0 0 0 MARILENA CHRISTODOULOU CHIEF FINANCIAL OFFICER 246565 0 0 0 0 0 26450 0 26345 0 299360 0 0 0 JORRIT BRITSCHGI EXECUTIVE DIRECTOR 304687 0 0 0 0 0 29250 0 41430 0 375367 0 0 0 TIMOTHY MCHENRY DIRECTOR OF PROGRAMS & ENGAGEMENT 204643 0 0 0 0 0 22482 0 29681 0 256806 0 0 0 SUSAN KOTCHER DIRECTOR OF EXTERNAL AFFAIRS 217068 0 0 0 0 0 22883 0 29993 0 269944 0 0 0 MITCHELL S ROTH FACILITIES MANAGER & CHIEF OF ENGINE 144237 0 0 0 0 0 15722 0 42829 0 202788 0 0 0 ELKE C DEHNER HEAD OF MARKETING & COMMUNICATIONS 135322 0 0 0 0 0 15180 0 3812 0 154314 0 0 0 X 1 X 516 36322 FAIR MARKET VALUE 0 1 0 PART I, LINE 33: THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTION, AND PURSUANT TO ITS ACCOUNTING POLICY, DOES NOT RECOGNIZE REVENUE FOR ANY DONATIONS OF COLLECTION ITEMS IN THE STATEMENT OF ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD DELEGATES AUTHORITY TO ACT ON ITS BEHALF BETWEEN MEETINGS OF THE BOARD OF TRUSTEES TO A 10 MEMBER EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL THE POWERS OF THE TRUSTEES EXCEPT IT MAY NOT AUTHORIZE ANY ACTION WHICH REQUIRES THE VOTE OF AT LEAST TWO-THIRD OF THE TRUSTEES UNDER THE RUBIN MUSEUM OF ART'S GOVERNING DOCUMENT. ALL 10 MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD FORM 990, PART VI, SECTION A, LINE 2 DONALD RUBIN, SHELLEY RUBIN AND BASHA RUBIN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A .1WHEN ONLY ONE OF THE GRANTORS IS ACTING AS TRUSTEE, BASHA FROST RUBIN BECOMES A FAMILY MEMBER TRUSTEE. BOTH GRANTORS ARE ACTING AS TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE RUBIN MUSEUM OF ART'S AUDITORS, REVIEWED BY THE CHIEF FINANCIAL OFFICER AND EMAILED TO THE FULL BOARD OF TRUSTEES 2 WEEKS PRIOR TO THE DUE DATE, LEAVING 2 WEEKS FOR TRUSTEES' QUESTIONS OR COMMENTS. IT IS THEN FILED BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE RUBIN MUSEUM OF ART'S "CODE OF ETHICS FOR TRUSTEES, EMPLOYEES AND VOLUNTEERS IS AGREED AND ACCEPTED IN WRITING BY ALL SUCH INDIVIDUALS WHEN THEY JOIN THE ORGANIZATION IN THEIR RESPECTIVE CAPACITIES. IN ACCORDANCE WITH THE PROVISIONS OF THIS POLICY, EACH TRUSTEE AND EMPLOYEE WITH MANAGERIAL RESPONSIBILITIES IS FURNISHED A COPY OF THIS CODE OF ETHICS AT LEAST ANNUALLY AND REQUESTED TO COMPLETE AND FILE WITH THE ORGANIZATION AN "ANNUAL CONFLICT OF INTEREST STATEMENT". THE CFO REVIEWS ALL SUCH STATEMENTS AND, IF THERE IS A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THE CFO BRINGS IT TO THE ATTENTION OF THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS USED TO ESTABLISH COMPENSATION FOR TOP MANAGEMENT AND KEY EMPLOYEES INCLUDES REVIEW OF COMPENSATION FOR SIMILAR POSITIONS AT COMPARABLE MUSEUMS AND CHARITIES IN THE NEW YORK METROPOLITAN AREA; THE CPI FOR NYC; PERFORMANCE EVALUATIONS; AND RELATIVE PARITY WITHIN THE ORGANIZATION. THIS INFORMATION WAS PRESENTED TO THE EXECUTIVE DIRECTOR BY THE CFO FOR THE YEAR ENDED 12/31/2017. THE COMPENSATION FOR ALL EMPLOYEES WAS THEN APPROVED BY THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE OF THE BOARD. THIS PROCESS WAS LAST UNDERTAKEN FOR EXECUTIVE MANAGEMENT TEAM (OFFICERS AND KEY EMPLOYEES) IN DECEMBER 2017. FORM 990, PART VI, SECTION C, LINE 19 THE RUBIN MUSEUM OF ART'S FINANCIAL STATEMENTS ARE MADE PUBLIC IN ITS ANNUAL REPORT WHICH IS ALSO POSTED ON ITS WEBSITE. ITS TAX RETURN IS PUBLIC INFORMATION ON GUIDESTAR AND OTHER ORGANIZATIONS THAT MONITOR NOT-FOR-PROFITS. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,203,771. MANAGEMENT AND GENERAL EXPENSES 385,168. FUNDRAISING EXPENSES 64,753. TOTAL EXPENSES 1,653,692. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 711,598. MANAGEMENT AND GENERAL EXPENSES 87,633. FUNDRAISING EXPENSES 77,500. TOTAL EXPENSES 876,731. FORM 990, PART XI, LINE 9: COLLECTION ITEMS PURCHASED -238,516.